BusinessMember
Despite a struggling luxury market, Chanel returns to growth in 2025
Paris - Chanel returned to growth in 2025 thanks to demand in Europe and the Americas, performing well amidst a slowdown in the global luxury market. The company reported a turnover of 19.3 billion dollars (up 3 percent, and 1.8 percent on a like-for-like basis), boosted by growth across all its activities, it stated in a press release on...
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People|CEO-Interview Member
Marc Cain's incoming leader Patric Spethmann: “It’s not just about appointing a new CEO”
Patric Spethmann will become the new CEO of Marc Cain in June. In choosing the former chief operating officer of Marc O'Polo, company founder Helmut Schlotterer hasn't opted for a notorious high-profile leader from the fashion industry, known for being in the limelight or for spectacular turnarounds. However, Spethmann's profile promises to be...
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